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Tangelo Games Corp. IPRSF

"Tangelo Games Corp is engaged in developing and selling social casino games. The company primarily designs, develops and distributes social casino-themed games within online social networks such as Facebook, Mobile platforms, Portal and other. It derives revenue through the in-game sale of virtual coins most of it is accounted through Facebook."


GREY:IPRSF - Post by User

Comment by Lendlfanon Jun 11, 2017 6:31pm
119 Views
Post# 26350595

RE:you mean to tell me there are bigger morons out there than

RE:you mean to tell me there are bigger morons out there than Okay Mr. Smartypants.....what do YOU think this company is valued at.

And keep in mind,
  • 55M active users (paying and non-paying)
  • $10M EBITDA per year
  • $40M revenue per year
  • In the social casino space (one of hottest app spaces in mobile today)
Market valuing company at $6.3M market cap right now. I understand the debt levels etc....but with the above points to keep in mind.

And I assume you think this valuation should be WAYYYYYYYY lower according to your attitude against this company.

So answer me....what valuation do you put on it? And give us an EXACT amount.
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